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636. Why Aren’t We Having More Babies?

Freakonomics Radio

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Fertility and Family Economics

This chapter investigates the intricate relationship between family dynamics, fertility rates, and economic outcomes. It highlights the shift from traditional economic paradigms to a more comprehensive understanding influenced by Gary Becker's framework, exploring how changes in parental roles and societal expectations affect fertility decisions. The chapter also examines the implications of rising costs in child-rearing and education, ultimately framing the narrative around declining fertility in a positive light, emphasizing the potential for deeper investment in fewer children.

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